Advans Pakistan Microfinance Bank Ltd. - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 113 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Advans Pakistan Microfinance Bank Ltd. Bahria I complex, Lalazar Area, M.T. Khan RoadKarachi, Sindh

Data approved: 2015-04-16

Data version: 2

Age of data: 113 months

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Institution Details

Institution Type	Bank
Is this institution regulated?	Yes
Website address	http://www.advanspakistan.com
Year established	2012
Head of Institution	Tariq Khan Baluch
Regions active	Sindh
# Branches	3

Total Portfolio (nat'l)	PKR 142,708,138
Total Portfolio (USD)	USD 1,401,393.92
Active clients with loans	1,872
Approximate % female clients	0% - 20%
Approximate % urban clients	100%
Network affiliations	APMBL is a subsidiary of the Advans group
Funders	Advans SA, FMO

Loan Products » Summary

Karobar

1,413 Borrowers

USD 594,116.78 Portfolio

Active Product

Ba-Ikhtiar

370 Borrowers

USD 764,186.69 Portfolio

Low Volume Product

Sona

89 Borrowers

USD 43,090.45 Portfolio

Low Volume Product

Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Karobar Sanwaro		PKR 10,000 - 150,000		3 - 18		0% - 20%		100%		Business		Women, Men, Have business, Specific age group, Age bracket is 18 to 60		Credit Ins

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Karobar Sanwaro		41.0% annual, Decl Bal		1 Fee		1 Ins		None		N/A		42.5% - 44.2%		44.3% - 46.8%		89

Institution Price Graph

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Please note that the information you are viewing is 143 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA Malawi Ltd Private Mail Bag 382ChichiriBlantyre, SouthernPO Box 382

Data approved: 2012-12-01

Data version: 2

Age of data: 143 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (MWK)	MWK 424,119,000
Portfolio (USD)	USD 1,087,484.62
Active Clients with Loans	6,991
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	20% - 40%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Loan is given to a group of business people, between 5-10 in size. The repayment in monthly and there are group guarantees.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	22
# Regions for this product	23
Regions Active	Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Chiradzulu, MachingaMangochi, Mulanje, Nsanje, Thyolo, Phalombe, Zomba

Loan Conditions

Loan Amount

Currency	MWK
Minimum loan size	MWK 40,000
Maximum loan size	500,000

Distribution at Disbursement (Est.)

Loans less than MWK 50,000	20%
MWK 50,000-150,000	30%
MWK 150,000-250,000	40%
MWK 250,000-350,000	5%
MWK 350,000-450,000	5%
Greater than MWK 450,000	5%

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	12.0 months
Approx average	6.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	80%
Between 7 and 9 months	20%
Between 10 and 12 months	0
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	10%
Average grace period	2.0 months

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	6.50%
Highest quoted nominal interest	6.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Decl Bal
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Premium
% of loan amount - min	0.50%
% of loan amount - max	0.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Small Group Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	MWK 50,000	MWK 100,000	MWK 200,000	MWK 300,000	MWK 400,000	MWK 500,000
Loan Cycle (1, 2, 3, etc)	1	1	4	4	3	4
Disbursement Date	2012-11-09	2012-10-30	2012-08-22	2012-11-28	2012-09-07	2012-11-28
Loan Term (Months)	6.0 months	6.0 months	6.0 months	6.0 months	6.0 months	6.0 months
Grace Period (Months)	0.0 months	0.1 months	0.1 months	0.2 months	0.1 months	0.2 months
Total Cost of Credit	MWK 12,220.52	MWK 24,440.98	MWK 49,000	MWK 73,322.94	MWK 98,000	MWK 122,204.96
True Price by Comp
Interest price component	75.3%	73.2%	74.8%	72.2%	73.9%	72.0%
Fee Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Insurance Component	1.8%	1.7%	1.8%	1.8%	1.8%	1.7%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	77.1%	74.9%	76.6%	74.0%	75.7%	73.7%
Transparency Index	100	100	100	100	100	100

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF	PDF

Small Group Loan Price Graphs

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Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Small Group Loan samples

Small Group Loan Price Graphs

Total Borrowers of Samples

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